Buying A Nissan: New Versus Used?
Posted on: 10 November 2015
If you love a particular make of car, you may be wondering which is better for you to purchase when it comes time to shop for a vehicle: New or used? With this in mind, compare the benefits and drawbacks of each decision so you can ultimately see which option will work best for your needs.
Contract
The longer you are under contract when buying a car, the more payments you have to make until it's officially 'yours'. If you don't mind being in a payment plan for 3 years or more, then buying a new car may be a great option. New cars are obviously more expensive, so they take longer to pay off. If you don't think you can commit to years of payments because you are in college, switching careers, or starting a new family, then consider a used Nissan instead. It will have cheaper payments and a possibly shorter contract than its newer counterpart.
Insurance
Many car companies and other lenders make you insure your vehicle for full coverage until it's paid off. This can be said for both new and used car purchases. Lenders do this to protect themselves- if you get into an accident, your (their) car has the coverage it needs to be repaired or replaced. If you don't want to have to pay for full coverage on a used car until it's paid off, buy a newer model instead.
Safety
Here's where you really want to compare your options when it comes to new or used vehicles. New Nissans are tested for safety and reliability and test remarkably high on a 1-10 scoring. Older models may have been in a wreck or have worn-out components that may make them questionable on the road. If you want a vehicle that is guaranteed to be safe, consider a new model. New cars come with manufacturer and dealer warranties for your protection. If you do want to buy a used car, then buy a certified pre-owned model. These are tested heavily to be well-running and have manufacturer standards they have to meet for consumer safety.
Buying a car is a large decision, and you have to weigh your options regarding whether a used or new model is right for you. Safety, the length of your contract, and the insurance you may have to carry are all factors you should think about before you make your final purchase. In comparing used and new cars together, you can see which one is best for your current lifestyle and financial situation (click here for more information).
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